Rent Calculator
The 30% rule suggests spending no more than 30% of gross monthly income on rent. Landlords often use similar thresholds when reviewing applications. Enter...
Enter values and click Calculate.
Schedule
Introduction
The 30% rule suggests spending no more than 30% of gross monthly income on rent. Landlords often use similar thresholds when reviewing applications. Enter annual or monthly income and subtract existing debt payments to see affordable rent.
How Much Rent Can You Afford?
The 30% rule suggests spending no more than 30% of gross monthly income on rent. Landlords often use similar thresholds when reviewing applications. Enter annual or monthly income and subtract existing debt payments to see affordable rent.
Total Housing Cost
Base rent is not the full picture. Renter's insurance, utilities, parking, and pet fees add to monthly housing cost. Include insurance in this calculator for a realistic ceiling.
Roommates and Split Rent
If you share a lease, divide the affordable total by your share of bedrooms or income. Ensure all roommates meet landlord income requirements collectively.
Saving While Renting
Renters can still build wealth through retirement accounts and other investments. Use the Rent vs. Buy Calculator to see whether ownership or renting fits your timeline and market.
How It Works
- Enter your amounts, rates, and term in the form. Use the same units shown in the labels (dollars, years, percent).
- Click Calculate to run the Rent Calculator engine. Invalid or empty required fields show a clear error message.
- Review the summary cards for the key outputs. Expand schedules or tables when available for period-by-period detail.
- Copy, print, or share your scenario link. Reset the form anytime to start a fresh comparison.